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An equation analysis of the transactions made during August 2018 (the first month of the fiscal year) by Carla Vista Corporation is shown below. Each
An equation analysis of the transactions made during August 2018 (the first month of the fiscal year) by Carla Vista Corporation is shown below. Each increase and decrease in shareholders' equity is explained. (1,300)(1,910) Prepare an income statement for for the month of August 31, 2018. Prepare a statement of changes in equity for for the month of August 31, 2018. (If an amount reduces the account balance then enter with negative sign or parentheses e.g. 45 or parentheses eg. (45). Prepare a statement of financial position at August 31, 2018. (List current assets in order of liquidity) CARLA VISTA CORPORATION Statement of Financial Position Assets Liabilities and Sharcholders' Equity s 1
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